Oil Producer Market Value Slid After Biggest Shareholder Tries To Replace CEO
As a result of state owning the private-run Argentine unit of Repsol SA (REP), the Spanish oil manufacturer lost $12.6 billion of market value this year. However, that was not all; the oil producer was...
View ArticleAl Hassan Engineering Co and Tecnicas Reunidas Awarded Gas Plant Project
Petroleum Development Oman (PDO) for the Zauliyah gas plant has declared that it will be granting RO40.9mn contract to the joint venture (JV) amid Al Hassan Engineering Company and Spain's Tecnicas...
View ArticleClimate Disclosure Leadership Index Gives Recognition to Repsol
The Climate Disclosure Leadership Index (CDLI) has listed Repsol among the best world energy industries in carbon management. In the past five years, it was for the third time when the company has been...
View ArticleArgentine’s Energy Company YPF Signs MoU with Chevron Corp
Argentine's energy company YPF has announced that they and Chevron Corp have entered into a deal to search about unconventional source of energy in South America. The exploration of oil and natural gas...
View ArticleSpanish Government Aims To Reduce Tariff Deficit
It seems it would take some time for Spain to come out of the tough time it has been facing since a long time. Though it managed to get 100 million euros rescue loan for saving the banking sector, a...
View ArticleOil Valued at a Six-Week Lower Price
Earlier this morning, there was news from the central bank of Japan stating that due to the slowing down of the global economy, very soon it would be introducing more of spur into its country, so that...
View ArticleBrent Crude Prices Lowered for Attracting Demand
The rates of Brent crude have gone down by $110 per barrel. The rates have been lowed with aim of boosting the demand of the crude in the global market. Recession and financial turmoil are being faced...
View ArticleDealing Climate Changes Scientifically
It has been reported that a project worth $US1 billion has been launched in which researchers will build best solar thermal plant. The project is being carried out in Morocco, North Africa. Team of the...
View ArticleFive Nations Best-Using Renewable Energy
Renewable Energy and Sustainable Energy-like topics are a lot talked about, especially these days. However, a study to determine how many countries were considering these a serious matter was carried...
View ArticleTrial Finally Opens over Ten-Year-Old Oil Spill
In an effort to end the so-called decade long Spain's worst environmental disaster, a trial has begun on Tuesday over the massive oil spill that occurred in November 2002 and left hundreds of miles of...
View ArticleExport-parity pricing will wipe off refiners’ profitability: analysts
The implementation of proposed export-parity pricing (EPP) for calculating subsidy will be disastrous for refiners, analysts believe.Government-backed Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd...
View ArticleKG-D6 gas discovery helps RIL shares gain the most on Nifty
Shares of Reliance Industries Ltd (RIL) topped the list of biggest gainers at the fifty-share Nifty benchmark in early trade on Monday, thanks to the recent announcement of a significant gas discovery...
View ArticleInvestors in renewable energy to lose as Spain poised to cut subsidies
Many investors in Spain may suffer the loss of their life savings as the government is poised to cut renewable subsidies.Up to a few years back, Spanish government had been promising at least two...
View ArticleSpain expected to announce 10-20% cut in renewable subsidies
The Spanish government is widely expected to announce a cut of 10-20 per cent in renewable subsidies by 21st of June, a potential move that will wipe out several green energy investors' investments.The...
View ArticleSpain’s renewable energy industry struggling to survive
Spain's renewable energy industry is struggling to survive amid economic crisis and the government's austerity measures.Wind energy accounts for around 18 per cent of the eurozone's fourth-largest...
View ArticleSpain’s offshore gas storage plant blamed for frequent quakes
Spain's large offshore gas storage plant that began operating in June this year is responsible for earthquakes that rattled the country's eastern coast several hundred times over the past few...
View ArticleBig Six Energy Suppliers Accused of ‘Profit Grabbing’
The Big Six energy suppliers have been accused of "profit grabbing". This has been revealed by their earnings, which are about five times to over £1 billion since the year 2009.Ofgem, the industry...
View ArticleChina to Finalize Policy to Boost Private Investment in Energy
China's government is trying to figure out ways how more private investments can be attracted in the energy sector. The National Energy Administration confirmed the news on Tuesday, saying that it's a...
View ArticleNew York Witnesses Rise in Average Retail Gasoline Prices
After carrying out a survey of 6,118 gas outlets in New York, GasBuddy has reported a rise in average retail gasoline prices in the state. It has been found that the rise of 5.7 cents have been...
View ArticleUS Energy Boom Provides New and Unexpected Opportunity to Parts of Nation
In September, the new Lackawanna plant started producing steel pipes for private companies which bore for natural gas and crude oil.The new and surprising chance is being provided to all the parts of...
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